Basic Book Keeping Services

Business n IT Support (BITS) can assist you keeping your records up to date.

There are several areas which are critical to every business and if they fall behind can be difficult to catch up on at the same time as running the business.

  • Sales and Incoming Money Records
  • Purchases, Stocks, Expenses and Outgoing Money records.
  • Payroll, Timekeeping, Pay Rates and Entitlement records

Advanced Book Keeping Services

Using the basic records, contact customers with credit accounts and making sure all pay on time.

Using the basic records , contact all suppliers and make sure the best terms are available for the account.

Prepare cashflow forecast to enable management to plan for the future and/or react swiftly to challenges.

Ensure that all bank transactions are entered and reconcile the bank account and any credit card incoming or outgoing accounts regularly.

Get basic records ready for management accounts and prepare schedules for review at accounts preparation time.

Accounting and Revenue Services

Preparation of Management reports and Analysis of the results on a regular basis with explanations for unusual figures and recommendations as to how to deal with unexpected variations.

Reconciliation of bank and loan accounts as well as preparation and submission of Revenue returns, VAT, PAYE, RCT, PSWT etc etc

Review of performance of sales, purchasing and manufacturing if relevant with remarks regarding variances out of the ordinary.